Ocala, FL—34475
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocala, FL
As of Oct '25, the median home price in Ocala, FL is $202,000, with a year-over-year change of -4.2%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | -4.2% |
| Single Family | $201,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $104,000 | -12.6% |
3 Bed | $206,000 | -3.7% |
4 Bed | $316,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $1,620, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Ocala, FL is studios: $980, 1-bedrooms: $986, 2-bedrooms: $1,170, 3-bedrooms: $1,680, 4-bedrooms: $2,390. The most common rental property sizes in Ocala, FL are 2-bedroom and 3-bedroom, accounting for 42.1% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,620 |
| Studio Rent | $600 | $980 |
| 1 Bed Rent | $1,000 | $986 |
| 2 Bed Rent | $1,120 | $1,170 |
| 3 Bed Rent | $1,650 | $1,680 |
| 4 Bed Rent | $2,240 | $2,390 |
% of Rental Stock
Property Listings — Ocala, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocala, FL is 75. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 11.0% |
Listing Count | 98 | 79.0% |
| Listings as % of Homes | 0.7% | 79.0% |
Days on Market | 75 | 38.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 14,800, which has increased by 15.0% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,800 | 15.0% |
% Under 18 | 23.9% | 4.4% |
% Seniors | 11.5% | -17.3% |
% WFH | 8.1% | -14.7% |
% w/ College Degree | 13.3% | 14.7% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly black area, with 44.5% of the population identifying as black. The black population has shrunk by 11.7% in the last 5 years. The second most common race or ethnicity in Ocala, FL is white, making up 29.8% of the population. Foreign-born residents account for 8.0% of the population in Ocala, FL, and this percentage has increased by 122.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.8% | -15.1% |
% Black | 44.5% | -11.7% |
% Hispanic | 18.6% | 50.0% |
% Asian | 1.0% | ∞% |
% Foreign Born | 8.0% | 122.2% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 43 mortgage originations in Ocala, FL, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is high, as 16.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 16.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 21.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Ocala, FL, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 542 |
Total Units Section 8 | 503 |
% Rentals under Section 8 | 21.0% |
% Occupied Section 8 | 83.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,000 | $940 |
| 2 Bedroom | $20 | $1,120 | $1,140 |
| 3 Bedroom | -$190 | $1,650 | $1,460 |
| 4 Bedroom | -$640 | $2,240 | $1,600 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $202,000 |
| Median Household Income | $33,500 |